$WISH Bulls Bulls Anticipating Strong Reversal
WISH Bulls looking for a reversal after the stock tested higher lows first established in early June and following a move from one side of the Bollinger Bands to the other. Confirmation of the "double bottom" could set up a big move to the upside based on an ELLIOTT WAVE "C" expression with a price target above $15.23. Fundamentals (which have been improving during the recent run given numerous key bullish news developments) are about to meet "oversold" oscillators and strong Elliot Wave counts.
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